This exceptional modern farmhouse, elegantly upgraded, offers a harmonious blend of luxury living and entrepreneurial potential. Nestled in a serene oasis yet conveniently located near shops, this property boasts a meticulously renovated barn with horse stables, providing a haven for equestrian enthusiasts. Beyond its enchanting charm, it presents the prospect of lot splitting for development in this prime location, paving the way for various business ventures, including hosting memorable events amidst the tranquil surroundings. Additionally, the barn's living quarters offer the potential for consistent rental income. This property is more than a residence; it's a canvas for your entrepreneurial aspirations. Meticulously maintained and thoughtfully upgraded, it embodies elegance, convenience, and limitless possibilities. Don't miss this extraordinary investment opportunity in a coveted prime location. Your future awaits!
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (408) 883-0588
Listing Agent: Joe Velasco
Virtual/3D Tour
Virtual Tour: 975 Llagas Rd
Virtual Tour
Lot Features
Lot Information:
Lot Size: 2.96 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $2,998,888
Tax Information:
Annual Amount: $11,736
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Morgan Hill, CA.
This property is $1.6M more than the Median Sold Price in Morgan Hill, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81940900
Listing Office:
Office Name: Compass
Office Phone: (408) 883-0588
Listing Agent: Joe Velasco
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 18, 2013
Jul 18, 2013Home Sold
$816,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,736
$1,045,539
2020
$11,736
$1,034,819
2019
$10,636
$896,711
2018
$10,636
$879,130
2017
$10,535
$861,893
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,057
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
P. A. Walsh STEAM Academy
353 W Main Ave
Distance between this listing and this school0.99 miles
Public District Grades KG-5
5
/10
El Toro Health Science Academy
455 E Main Ave
Distance between this listing and this school1.53 miles
Public District Grades KG-5
5
/10
Paradise Valley Engineering Academy
1400 La Crosse Dr
Distance between this listing and this school2.48 miles
Public District Grades KG-5
Nearby Schools
3
/10
Britton Middle School
80 W Central Ave
Distance between this listing and this school1.11 miles
Public District Grades 6-8
6
/10
Voices College-Bound Language Academy at Morgan Hill
610 Jarvis Dr
Distance between this listing and this school1.72 miles
Public Charter Grades KG-8
6
/10
Jackson Academy of Math & Music
2700 Fountain Oaks Dr
Distance between this listing and this school3.96 miles
Public District Grades KG-8
Nearby Schools
2
/10
Central High (Continuation)
85 Tilton Ave
Distance between this listing and this school1.38 miles
Public District Grades 10-12
8
/10
Ann Sobrato High School
401 Burnett Ave
Distance between this listing and this school1.87 miles
Public District Grades 9-12
6
/10
Live Oak High School
1505 E Main Ave
Distance between this listing and this school2.50 miles
The neighbors living near this home have an average income of $114,500. Typical income of Morgan Hill, CA residents is $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 975 Llagas Rd
What is the listing price of this property?
The listing price of 975 Llagas Rd property is $2,998,888.
What type of property is this?
The property 975 Llagas Rd is land located in Morgan Hill, California, 95037.
Is this property for sale now?
Active Listing: 975 Llagas Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,736 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 18, 2013 for $816,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 975 Llagas Rd in Morgan Hill, CA and zip code 95037 in the Morgan Hill Ranch neighborhood. This home sits on a 2.96 acre lot. It has been listed on Rocket Homes since October 03, 2023 and is currently priced at $2,998,888.
In October 2024, from all listings sold in Morgan Hill, CA there were more than 14 sold above asking price, over 14 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Morgan Hill, CA increased by 5.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,332,500, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.